Foreign Large Blend

Summary

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in developed and emerging markets, excluding the United States.
Fund Assets (millions) $441,096.3
Portfolio Managers 2
Fund Inception Apr 29, 1996
Expense Ratio
(Gross/Net %) 0.18 / 0.18%
Fund Family Vanguard
Prospectus (PDF)

Returns at NAV

Returns at MOP

Asset Mix

U.S. Stocks 0.93%
Non-U.S. Stocks 96.93%
U.S. Bonds 0.00%
Non-U.S. Bonds 0.00%
Convertible 0.00%
Preferred 0.00%
Other 0.15%
Cash 1.99%
As of 7/31/2024
Read important information about results and other investment disclosures
This chart tracks a hypothetical investment, with dividends reinvested, through July 31, 2024
VGTSX
MSCI ACWI Ex USA NR USD

Market Capitalization

$31,803.5 Mil
Weighted Average

Giant
44.8%
Large
33.1%
Medium
18.0%
Small
3.9%
Micro
0.3%

As of 7/31/2024

Morningstar Ownership ZoneTM

Foreign Large Blend
Weighted average of holdings
75% of fund's stock holdings
As of 7/31/24
INSIGHTS ON THE MORNINGSTAR OWNERSHIP ZONE

Investment Strategy

The manager employs an indexing investment approach designed to track the performance of the FTSE Global All Cap ex US Index, a float-adjusted market-capitalization-weighted index designed to measure equity market performance of companies located in developed and emerging markets, excluding the United States. The fund invests all, or substantially all, of its assets in the common stocks included in its target index.

Fund Facts

Fund Inception Apr 29, 1996
Fund Assets (Millions) $441,096.3
Dividend Distribution Frequency Quarterly
Minimum Investment $0
Capital Gains Distribution Frequency Annually
Turnover 4%
Fiscal Year-End Oct
Prospectus Date Feb 27, 2024

Returns

Month-End Returns as of 7/31/24

Returns at NAV
| at MOP
Read important information about results and other investment disclosures
VGTSX
MSCI ACWI Ex USA NR USD
ANNUAL RETURNS CHART

Quarter-End Returns as of 6/30/24

Yield & Valuation

12-Month Distribution Rates (NAV)
--
30-Day SEC Yield (Gross | Net) -- | --
Price/Book 1.62
Price/Cash Flow 8.20
Price/Earnings 13.91
As of 7/31/2024

Portfolio Management

Read important investment disclosures
Years of Experience With Fund
Michael Perre 16 yrs
Christine Franquin 6 yrs
As of 7/31/2024

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(675)
3-yr. Morningstar RatingTM
(675 funds rated)
5-yr. Morningstar RatingTM
(635 funds rated)
10-yr. Morningstar RatingTM
(419 funds rated)
Overall Morningstar Risk Average
HIGH
LOW
Morningstar Category
Foreign Large Blend
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 7/31/2024.

Risk Measures

Fund
Standard Deviation
15.22
Sharpe Ratio
0.25
R-squared
98
Beta
1.00
Capture Ratio (Downside/Upside)
100/101
American Funds and Morningstar Benchmark for the 10 Years Years ending 7/31/24 R-squared, Beta and Capture Ratio calculated using the MSCI ACWI Ex USA NR USD.

Holdings

Equities Breakdown

Sectors
Equity Fund Holdings
 Financial Services 20.5%
Industrials 15.1%
Technology 13.6%
Consumer Cyclical 10.6%
Healthcare 9.4%
Basic Materials 7.4%
Consumer Defensive 6.7%
Energy 5.3%
Communication Services 5.3%
Utilities 3.1%
Real Estate 3.0%

Percentage of net assets as of 7/31/2024

Top 10 Holdings

Taiwan Semiconductor Manufacturing Co Ltd
2.2%
Novo Nordisk A/S Class B
1.3%
ASML Holding NV
1.1%
Samsung Electronics Co Ltd
0.9%
Tencent Holdings Ltd
0.9%
Nestle SA
0.8%
AstraZeneca PLC
0.7%
Shell PLC
0.7%
SAP SE
0.7%
Toyota Motor Corp
0.7%

Percentage of net assets as of 7/31/2024

Geographic Breakdown

Regions | Top Countries
Greater Asia
47.0%
Greater Europe
39.8%
Americas
10.0%
Percentage of net assets as of 7/31/2024

Fees & Expenses

Fees

Annual Management Fees 0.16%
Service 12b-1 --
Maximum Sales Charge --
As of each fund's most recent prospectus.

Expense Ratio

Gross Net
VGTSX 0.18% 0.18%
Morningstar Category: Foreign Large Blend 1.38% 0.90%
Fund as of most recent prospectus. Morningstar Category as of 7/31/24.